Gold May Pull Back Ahead of Fed Decision📊 Market Dynamics:
Spot gold is trading around $3,376.69/oz, down approximately 0.1%, as the US dollar strengthens and investors await Federal Reserve appointments, with continued rate-cut expectations for September
📉 Technical Analysis
• Key Resistance: ~$3,400 (analysts expect a test around this level)
• Nearest Support: ~$3,370 (near current trading range)
• EMA 09 (assumed): Price below EMA 09 → suggests short term bearish or consolidating momentum.
• Candlestick / Volume / Momentum: Mild selling pressure as USD gains, creating short term resistance for gold.
📌 Outlook:
Gold may experience a mild pullback or trade sideways in the short term if the dollar remains firm and no new catalysts strengthen rate cut expectations.
💡 Suggested Trading Strategy:
SELL XAU/USD : ~$3,395–3,398
o TP: 40/80/200 PIPS
o SL: ~$3,401
BUY XAU/USD : ~$3,365–3,370
o TP: 40/80/200 PIPS
o SL: ~$3,360
Goldlong
Gold Technical Analysis - Bullish Momentum or Pullback Ahead?Gold (XAU/USD) is trading around $3,371, showing a bullish bias within an ascending channel. Price is consolidating below key resistance at $3,384, and a breakout above this level could lead to a rally toward $3,400–$3,429. On the downside, support lies at $3,340 and $3,312; a break below these could trigger a deeper pullback toward $3,268. The trend remains bullish above $3,340, with buy interest expected on dips, while a confirmed breakdown below $3,268 would shift momentum in favor of bears.
🔑 Key Levels to Watch:
- Resistance: $3,384 → $3,396 → $3,429
- Support: $3,360 → $3,340 → $3,320
📈 Potential Scenarios:
- Bullish: If gold holds above $3,340 and breaks above $3,384, it may rally toward $3,400–$3,429, with potential to reach $3,450+. This keeps the uptrend intact.
- Bearish: If rejected from $3,384, gold could dip to $3,340–$3,312 for a healthy correction before possibly bouncing again. Trend remains bullish unless lower supports break.
📊 Trend Outlook:
- Short-Term Trend: Bullish while inside or above the rising channel
- Medium-Term Trend: Neutral to Bullish; watch for breakout confirmation above $3,384
- Momentum: Consolidating, with potential for a breakout after current sideways structure
Note
Please risk management in trading is a Key so use your money accordingly. If you like the idea then please like and boost. Thank you and Good Luck!
Gold Trend Analysis August 7, 2025Market Overview
- Gold prices rose slightly in the first trading session of the week due to geopolitical concerns in the Middle East and weak US employment data
- However, selling pressure returned in the early morning today as the USD recovered and US bond yields rose slightly again
- The market is waiting for the speech of the Fed officials later today, which is expected to be hawkish
Factors that pressured gold down
- DXY index rose again, putting pressure on gold prices, which are priced in USD
- US 10-year bond yields increased
- FED said it was not in a hurry to cut interest rates
- Money flows shifted to stocks
Gold Price Trend Analysis and Trading Guidance (Exclusive)📣📣📣A technical analysis of gold's recent performance reveals that it has formed a four-day winning streak, demonstrating the strength of the upward trend and indicating that short-term upside potential has not yet been exhausted. Of note, the upper Bollinger Band at 3430 on the daily chart is acting as a key resistance level, and this level is likely to be tested this week. However, when it comes to a sharp rise in the market, there is no clear signal at present. We need to wait for the opening pattern of the daily Bollinger band to be confirmed before we can open up a new round of upward space.🧐🧐🧐🤔🤔🤔
Switching to the H4 cycle for observation, the unilateral upward trend continues to consolidate, the moving average system shows a perfect upward divergent arrangement, the Bollinger Bands simultaneously maintain an open state, and a short-term high pressure is formed near the upper rail of 3415. Based on this, the bullish logic for gold remains unchanged on Wednesday, with the intraday high range likely to be between 3415 and 3430. There's no need to overestimate whether the price will break through previous highs at this point, and trading strategies should be adjusted dynamically based on real-time market performance. From a short-term perspective, intraday support should focus on two key levels: 3360 and 3350.
👊👊👊On the operational level, it is recommended to adopt a strategy of placing long orders in batches when the price falls back to the 3365-3360 range, relying on the support level to seize the opportunity of trend continuation.⭐️⭐️⭐️
⚠️⚠️⚠️The market is risky, so participate rationally. If you need real-time trading references and trading advice, please leave a message to Charlie.🛫🛫🛫 FOREXCOM:XAUUSD VELOCITY:GOLD PEPPERSTONE:XAUUSD CMCMARKETS:GOLD ICMARKETS:XAUUSD CMCMARKETS:GOLD FXOPEN:XAUUSD
Gold May Correct Short-TermMarket Overview:
• Gold trading around $3,366–3,371 USD/oz, easing from two-week highs.
• Pressure from firmer US yields and USD recovery.
• Weak US jobs data boosted Fed rate cut expectations to ~90%.
• Still supported by global economic/political uncertainties and safe haven demand.
Technical Analysis:
• Resistance: ~$3,385–3,390, near psychological $3,400.
• Support: ~$3,345–3,350; break could target ~$3,310.
• Trading above EMA50, EMA9 direction still bullish short-term.
• RSI and MACD momentum fading; July monthly candle formed bearish “shooting star” near $3,431—invalidated only if price closes above that level.
Outlook
Gold may dip if USD and yields recover; but may rally if macro data deteriorate further. The $3,385–3,390 zone is pivotal.
Trading Strategy:
• Sell 3,392–3,395
TP ~40/80/200 pips
SL ~3,397
• Buy 3,345–3,348
TP ~40/80/200 pips
SL ~3,342
The bullish outlook remains unchanged, go long with the trend!Yesterday, the gold bulls refreshed the high point, and the daily line closed in the form of a medium-sized Yang line with a long lower shadow. The idea of continuing to be bullish in the short term remains unchanged, and what needs to be paid attention to is the strength of the retracement, which is similar to yesterday. The current support below is maintained at the 3355-3350 line of yesterday's rise. This position is also today's key support level, and the key suppression point above is maintained at the integer level of 3390-3400. This position may not be the end point. It was also mentioned yesterday that under the range of the previous large range of fluctuations, if either side does not break through, it will likely continue to fall into fluctuations. The current bullish trend is still relatively obvious, so we still maintain the idea of low-long operations. If your current operation is not ideal, I hope I can help your investment avoid detours. Welcome to communicate!
From the 4-hour analysis, the important support below is the 3355-3350 line. If the daily level stabilizes above this position, the bullish rhythm of falling back to lows and buying on the trend will remain unchanged. Before the daily level falls below the 3350 mark, you need to be cautious about shorting against the trend. I will provide you with the specific operation strategies at the bottom, please pay attention to them in time.
Gold operation strategy: Go long on gold when it retraces to around 3360-3350, target 3375-3385 area, and continue to hold if it breaks through.
XAUUSDHello Traders! 👋
What are your thoughts on GOLD?
Gold remains trapped below the key $3,390–$3,400 resistance zone, which has rejected price multiple times in recent sessions.
A short-term pullback toward the marked support level is likely.
From that zone, we expect buyers to step in, leading to another bullish push toward the resistance, and this time, a potential breakout above the $3,400 level.
As long as the price stays above support, the bullish outlook remains intact.
A confirmed break above $3,400 could open the path toward new highs.
Don’t forget to like and share your thoughts in the comments! ❤️
The shot at the critical moment is the real trading opportunityGold bottomed out and rebounded yesterday, breaking the high slightly to touch 3390 before falling back. The daily line closed with a small bullish cross overnight, and the upward momentum has slowed down. Today it tends to fluctuate at a high level. In the 4H cycle, the Bollinger band is closing, and the overall bulls continue to run upward. The big positive line directly pulls up, which is relatively strong. The overall market is resistant to declines. Therefore, the big cycle does not expect a big drop for the time being, but the short-term trend fails to continue further. It is safe to maintain a pullback and go long. Pay attention to the support below 3365-3350. Go long after it stabilizes. First look at yesterday's high of 3390. If it breaks, there is a probability of going to 3400 or even around 3415, but be careful of a high rush and fall.
Gold Price Setup – Potential Rejection & Long ScenariosPrice is currently consolidating below the H4 Supply Zone after rejecting the ascending trendline twice.
Two key scenarios are in focus:
✅ Scenario 1 – Deeper Pullback to Demand Zone
A retracement into the 1H + 30M Order Block (OB) and liquidity zone near 3,341–3,355 (marked with $$$) could attract buyers.
If bullish momentum confirms, look for a continuation toward 3,388 and possibly the upper trendline near 3,400+.
✅ Scenario 2 – Immediate Push Higher
If price holds above the moving average and fails to break below 3,355, bulls could step in earlier, driving price back to test the trendline resistance.
Breakout of the trendline could target the higher supply region.
🔍 Key Levels to Watch:
H4 Supply Zone (3,440 area) for potential reversal.
3,341 OB Zone for liquidity sweep and reaction.
Trendline Resistance capping the upside.
Gold Slightly Pulls Back – Awaiting Fed & Dollar Direction📊 Market Drivers:
Spot gold slipped ~0.1% to $3,376/oz, pressured by a firmer USD and caution ahead of Trump’s Fed chair and governor appointments
📉 Technical Analysis
• Key resistance levels:
o $3,390: previous session high – near-term ceiling
o $3,410: weekly high – stronger upside barrier
o $3,435: medium-term resistance – break above confirms strong bullish continuation
• Nearest support levels:
o $3,365: current Asian session low
o $3,345: strong support zone – EMA50 on H4 chart
o $3,305: last week's low – breakdown here may trigger deeper pullback
• EMA: Price remains above EMA09 and EMA50, suggesting a short-term bullish bias, though momentum is slowing.
• Candlestick / Volume / Momentum: Low volume in Asian session; H1 candles show indecision (doji with long wicks), signaling a tug-of-war between buyers and sellers.
📌 Outlook:
Gold may consolidate or dip slightly short-term unless it decisively breaks above $3,395 to confirm a new bullish leg.
________________________________________
💡 Suggested Trading Strategy:
SELL XAU/USD: ~3,392– 3,395
🎯 TP: 40/80/200 pips
❌ SL: ~3,398
BUY XAU/USD : ~3,366 - 3363
🎯 TP: 40/80/200 pips
❌ SL: ~3,360
Gold is waiting to break through near the dense pressure rangeGold (XAU/USD) prices fell slightly during Wednesday's Asian trading session, retreating to around $3,370, snapping a four-day winning streak. Previously, gold prices had hit a nearly two-week high on Tuesday.
Gold's recent rally was driven by the Federal Reserve's policy outlook and safe-haven flows, but a recent shift in market sentiment toward optimism and a slight rebound in the US dollar index have put downward pressure on gold prices.
Risk assets generally rose, including a rebound in Nasdaq futures, temporarily cooling demand for safe-haven assets. Furthermore, the dollar's slight rebound also put pressure on non-interest-bearing gold.
Weak US data heightened economic concerns, supporting expectations of a rate cut this year.
Last Friday's weaker-than-expected US non-farm payroll data, coupled with Tuesday's release of the July ISM Services PMI, which fell to a multi-month low of 50.1, have fueled market concerns about the US economic outlook.
"Both the weak employment index and new orders suggest weakening momentum in the services sector, further strengthening the likelihood of a September rate cut by the Federal Reserve," analysts noted.
The market currently expects the Federal Reserve to implement a 25 basis point interest rate cut at its September policy meeting, with the possibility of a total rate cut exceeding 50 basis points this year. While this expectation has dampened dollar bullish sentiment and provided support for gold, the optimistic stock market sentiment has weakened gold's appeal as a safe-haven asset.
In trade-related news, the US President announced a new round of tariffs on imported semiconductors and pharmaceuticals, accelerating the pace of tariffs on areas such as automobiles, steel, and aluminum.
This move has heightened market concerns about global supply chain risks, maintaining cautious investor sentiment and potentially providing safe-haven support for gold in the medium term.
From a technical perspective, gold prices encountered clear resistance before reaching the $3,400 mark and failed to break through, shifting into a short-term consolidation pattern.
The 4-hour chart shows that gold found support at the 100-period simple moving average (around $3,350) and rebounded, indicating that bulls are still trying to maintain the initiative.
"Currently, hourly and daily oscillators remain positive, but if gold fails to hold above $3,400, it is likely to remain volatile in the short term," market participants noted.
Upward resistance lies at the key resistance zones of $3,400 and $3,430, respectively. A break above this would open an upward trend, targeting the all-time high of $3,500 reached in April.
Initial support lies at $3,350. A break below this would target the intermediate support of $3,322 and the $3,300 mark. A further break below this level could test the one-month low of $3,268.
Although gold prices are currently under short-term pressure, they remain supported in the medium term amidst a slowing US economy, rising expectations of interest rate cuts, and ongoing potential trade frictions. In the short term, the price is expected to fluctuate around the $3,400 level. Focus on speeches by Federal Reserve officials and next week's US CPI data, which may provide new direction for gold. OANDA:XAUUSD VELOCITY:GOLD EIGHTCAP:XAUUSD CMCMARKETS:GOLD PYTH:XAUUSD ACTIVTRADES:GOLD FX:XAUUSD
Gold Maintains Bullish Momentum – Eyes $3,400📊 Market Summary:
Gold surged past the $3,385 resistance to reach a new high at $3,390, driven by weaker-than-expected ISM Services PMI data. The U.S. dollar softened and Treasury yields dipped, fueling the rally. However, after hitting the peak, some profit-taking emerged, causing gold to pull back slightly and currently trade around $3,383.
________________________________________
📉 Technical Analysis:
• Key Resistance:
$3,390–$3,395 – short-term local high. If this zone breaks, the next target is $3,400+.
• Nearest Support:
$3,380, followed by the previous breakout level at $3,365, both likely to act as support during any pullback.
• EMA 09 (Daily):
Price remains above the 9-day EMA, confirming the continuation of the short-term uptrend.
• Momentum / Volume / Candlestick:
RSI is holding above 60 – bullish. However, a long upper wick near $3,390 suggests short-term selling pressure or hesitation.
________________________________________
📌 Outlook:
Gold is showing bullish momentum, with the uptrend confirmed after breaking above $3,385. If price holds above $3,380, there's a strong possibility of testing the $3,400 level. However, a failure to sustain above this zone could lead to a retest of $3,365.
________________________________________
💡 Suggested Trade Strategy:
🔺 BUY XAU/USD : $3,380–$3,383
🎯 TP: 40/80/200 pips
❌ SL: $3,377
XAU/USD(20250806) Today's AnalysisMarket News:
The US non-manufacturing PMI fell to 50.1 in July from 50.8 in June, below the expected 51.5. The ISM New Orders Index fell to 50.3 in July from 51.3 in June, with export orders contracting for the fourth time in five months.
Technical Analysis:
Today's Buy/Sell Levels:
3373
Support and Resistance Levels:
3413
3398
3389
3358
3348
3333
Trading Strategy:
If the market breaks above 3389, consider entering a buy position, with the first target at 3398. If the market breaks below 3373, consider entering a sell position, with the first target at 3358.
Gold rebounded near the key support level of $3,350.Spot gold edged higher during the US trading session after finding strong support near $3,350, reversing an earlier pullback. During the European trading session, gold prices briefly dipped due to improved risk appetite and a slight rise in US Treasury yields, failing to extend Monday's rebound. However, buyers stepped in near the 50-day simple moving average (SMA), pushing prices back from the day's low. The continued weakness of the US dollar, fueled by market confidence in a September Federal Reserve rate cut, supported gold's rebound.
Spot gold struggled to extend last week's rebound and is currently hovering around $3,350.
Last week, gold broke below an ascending triangle pattern, briefly hitting a one-month low, before finding support above the 100-day simple moving average (SMA), suggesting continued bearishness.
Currently, gold is trading slightly above the 50-day SMA, providing immediate support, followed by the 100-day SMA. Further declines could lead to targets near $3,275 and $3,200.
The Relative Strength Index (RSI) on the daily chart is in neutral territory around 55, indicating a lack of clear momentum. Meanwhile, the MACD indicator shows a golden cross with the DIFF crossing the DEA, and the MACD-histogram is positive, indicating accumulating bullish momentum. However, the overall reading is low, and further upward momentum is needed. A sustained golden cross and a larger candlestick pattern would be bullish.
On the upside, if bulls can reclaim the bottom of the broken triangle and decisively push above $3,380, the market could potentially move towards $3,450, or even revisit the all-time high. PEPPERSTONE:XAUUSD VELOCITY:GOLD FXOPEN:XAUUSD CMCMARKETS:GOLD VANTAGE:XAUUSD ACTIVTRADES:GOLD ACTIVTRADES:GOLD ICMARKETS:XAUUSD
Gold breaks through 3400 and is about to challenge a new high
💡Message Strategy
Fundamental Analysis: The Macro Environment and Policy Expectations Are Intertwined
From a fundamental perspective, the recent trend in gold prices is driven by multiple factors. First, rising expectations for a September Federal Reserve rate cut have become a key factor supporting gold prices. Last Friday's US non-farm payroll data, which fell short of expectations and saw a significant downward revision from the previous reading, fueled market concerns about an economic slowdown and pushed US Treasury yields lower.
The increased expectations for a rate cut have reduced the upside potential for the US dollar and US Treasury yields, indirectly providing support for gold.
In terms of market sentiment, a rebound in global stock markets has weakened gold's safe-haven demand. The MSCI World Index snapped a six-day losing streak, with the Asia-Pacific Index rising 0.6%. Japan's Nikkei 225 rose 280 points on Tuesday. Europe's STOXX 50 and STOXX 600 indices both rose approximately 0.4%. The UK's FTSE 100 approached its all-time high of 9,150 points. The three major US stock indices performed particularly strongly on Monday, with the S&P 500 rising 1.5%, the Dow Jones Industrial Average soaring 585 points, and the Nasdaq Composite Index rising 1.9%.
The recovery of risk appetite has made investors more inclined to chase high-yield assets, and the attractiveness of gold has temporarily declined.
📊Technical aspects
Technically, gold is likely to continue trading in a narrow range between its 50-day and 100-day moving averages. Key support levels at $3,350 and resistance at $3,385 will be the focus of near-term bull-bear trading. A breakout from fundamental data or news could signal a clearer trend for gold prices.
In the long term, slowing global economic growth, central bank gold purchasing, and persistent geopolitical risks will continue to provide structural support for gold.
If the bulls can regain their footing on the bottom of the ascending triangle pattern and break through the resistance level of $3,380, gold prices are expected to further challenge $3,440 and even retest the historical high.
💰Strategy Package
Long Position:3370-3375,SL:3350,Target: 3400-3420
Gold crash (SHORT) - head and shouldersGold is at an interesting crossroad.
It broke through its diagonal support on Friday the 25th of July.
Price is retesting previous support. Does it turn into resistance?
Further confluence is a head and shoulders of the H8 and H12, with the right shoulder coinciding with the retest of the diagonal.
Since I am long gold with my investments, I am hesitant to short gold through my trading business. However, if my pattern is available, I take the trade. This will be a very short term trade - a few days at most if the trade goes in my favour.
Risk/reward = 12.6
Entry price = 3382.5
Stop loss price = 3396.2
Take profit level 1 (50%) = 3230
Take profit level 2 (50%) = 3181
The risk reward is exceptionally high. However, I have taken a more conservative approach with my entry because of my apprehension to short gold. For this trade I will enter at the extreme end of the range in which I will look for entries. This is the reason for such a high RR. It might result in me missing an entry.
XAUUSD Gold move 5 Aug 2025Price is currently reacting off a key 15-minute demand zone between 3352 and 3355, which has previously acted as a strong support level. Bullish rejection wicks within this area suggest buying interest and a possible short-term reversal.
The bias is bullish for a retracement move. A potential long opportunity exists from the 3352–3355 support zone, targeting the 3370 area, which aligns with a previous 15-minute supply zone and breakdown origin.
This setup is based on the expectation of a retracement toward 3370 before any further downside continuation. A clean break and close below 3352 would invalidate the idea and suggest continuation lower.
Confirmation through bullish price action within the zone is advised before execution.
GOLD (XAU) SHORT - Double top 30minRisk/reward = 2.8
Entry price = 3382.5
Stop loss price = 3390.5
Take profit level 1 (50%) = 3361.7
Take profit level 2 (50%) = 3356
I am considering a short on gold.
Still need some variables to fall into place before I enter the trade.
There is nice RSI negative divergence showing declining momentum.
Further confluence:
- Potential head and shoulders on higher time frame
- At area of previous diagonal support which could be turned into resistance if the 30min double top plays out
Gold Eyes QML Resistance: Ready for a PullbackHelloooo!
Gold, after gapping up strongly, has now entered the green QML (Quasimodo Level) supply zone at roughly 3,380–3,390. This zone has acted as resistance before, so a reaction here makes perfect sense.
What I see:
Engulfed Level (3,315.66): Earlier support that got taken out. This is our logical pullback target once the QML zone does its job.
Hurricane Move: The big up-spike looks exhausted now that it’s hit the QML.
Bearish Reversal Odds: if sellers step in around current levels, expect a drop back toward 3,315.
Plan: Watch for bearish candles or a failed rally inside the 3,380–3,390 area. If we see clear rejection, target a swift move down to 3,315, with a further slide possible to the 3,260 demand zone if momentum holds.